Repeated stagnation in the altcoin market and constant uncertainties create a state of puzzlement amongst the investors. Investors are unsure of how to strategize the allocation of funds in preparation for potential upcoming bull runs, whether they should invest equally in different cryptocurrencies or their respective favorites.
In this video, I’m about to alleviate all your concerns. I’ll show you my personal strategy of investing and trading, the coins I hold in vast amounts, and insider updates bound to sculpt the next market movements. This specificity is what will help you in making well-thought, calculated decisions that could bring you increased profits.
The focus is on a select number of high-potential altcoins and strategic buying. By that, I mean how to better prepare yourself for this bull run, where to invest, and how to manage your portfolio effectively to maximize the market conditions. First things first, let’s see
Why Diversification Isn’t Always the Best Strategy
The saying goes that new investors are counseled to spread their investments thin. In the case of altcoins, this sometimes could mean reduced potential gains. Instead of spreading your investments across many cryptocurrencies, it could be smarter to just focus on a few with excellent fundamentals and potential to grow significantly.
In today’s video, I will be going into detail on which coins I am highly invested in, why I have chosen these, and how you can use a similar principle in your investment strategy.
My Top Altcoin Holdings
1. Jupiter (JUP): So far, Jupiter is at the top of the pile of what I hold. I bought between $0.50 and $0.60 from the cheaper regions. The latest show was a 70-80% profit. So go ahead and buy if it drops under $1. But then, if you missed the main entrance, you better be making way for a better entry point.
2. Ondo (ONDO): Another important holding, bought 0.40-0.60 and currently trading at 0.9. It has really been a performer and if you have not entered, can consider doing so at this level.
3. Aptos (APT): Aptos still remains a strong contender for potential profits. Works have fluctuated some but remains currently within a good buying zone. Its previous high is around $20 and current trading well below $8, rendering an attractive entry.
4. Arbitrum (ARB): ARB is quite volatile indeed, yet it is one to have. Picked up around $0.9 and went to $2.5 before, the market now offers a chance to buy.
5. Near Protocol (NEAR): It is a good long-term investment. Though at about $4 to $5, the growth may be high in percentage terms. It’s a good buy if you want something not so volatile at the moment but with good growth ahead.
6. Fetch AI (FET): This remains a coin with long-term potential due to the large gains that Fetch AI has experienced. The price at the moment is good for an entry, and with the past action, it’s justified.
Insider Updates
1. Frontier (FRONT): Self-chain migration is in process for Frontier, and this will result in a price pump. We have bought this coin at around $0.4 and $0.6; it’s already hit a 4x. Stat alert: Stay tuned for the updates, furthering the price movements.
2. Notcoin: Another less popular but definitely a part of my portfolio is currently being traded at $0.014. Whenever it falls to not more than $0.01, consider owning it. This also has potential over the long term, with almost every disadvantage offset by the advantage of buying at the right price.
Effective Investment Strategies
Dollar-Cost Averaging (DCA): In this type of strategy, you invest fixed amounts at regular intervals irrespective of the price of the changing asset. So, it reduces the risk of market volatility and dilutes the effect of poor timing. Market downturns are an opportunity to buy more at lower prices.
Profit Booking: If some of the coins have made huge gains in the short term, consider booking profits occasionally. This secures the gains and provides capital to invest in other opportunities.
Principal Preservation: After your investment doubles, for longer-term holds, take out your principal and let profits grow. That way you protect your principal but can also benefit from even further growth in price.
Conclusion
This calls for critical investing for altcoins and a thoughtful approach to market conditions. Strategic investing in just a few with high potential and some pertinent investment strategies is likely to set you up for great returns in the upcoming bull run.
Action Steps
- Partake in an intensive review of your current holdings with a look-around for possible necessary adjustments to be made on the advice given.
- Strategic Buys: Look for gains in the recommended coins at undervalued prices.
- Keep yourself informed: Follow insider updates and market trends to make a timely action.
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Feel free to leave your thoughts below in the comments or ask any questions about investment strategies or possible topics for me to cover in the future.